Axis Bank in collaboration with Google Pay launched a new entry-level credit card named Axis ACE Credit Card that runs on Visa (Signature) platform. Here’s everything you need to know.,

Features and Benefits

  • 5% Cashback on: Bill payments (electricity, internet, gas and more), DTH and mobile recharges through Google Pay
  • 5% Cashback on: BigBasket and Grofers (till 31st Dec 2020)
  • 4% Cashback on: Swiggy, Zomato and Ola
  • 2% Cashback on: all other spends (except fuel, emi, wallet loads)
  • Lounge Access: 4 complimentary lounge access per year

5% category without any max. cap is very generous and also 2% cashback on all other spends is mind blowing to see on an entry-level credit card.

Speaking about lounge access, remember that the entry level cards gives access to only small set of lounges, while premium/super-premium gives access to almost all lounges in the country.

This is followed by most other card issuers as well, but its good to see Axis being transparent about it by listing them.

So what about the joining and renewal fees?

  • Joining Fee: Rs.499+GST (reversed upon spends of Rs. 10,000 within 45 days)
  • Renewal Fee: Rs.499+GST (waived off on annual spends greater than Rs. 2,00,000)
  • Limited Period Offer: No Joining Fee for applications received till 31st December 2020

How to get it?

Select Google Pay users should be able to see it on their app for now. Others should be able to apply online/branch/customer care shortly. I would suggest to give try post 15th Oct as its pretty new.


Overall its an amazing card for a fee of this range. Flipkart Axis Bank Credit card used to be one of the best entry-level cards but now they’ve levelled up and gave even a better product.

Speaking about the competition, ICICI too has a compelling entry-level product with its ICICI Amazon Pay credit card. HDFC Bank too has Millennia credit card but its nowhere close to the Flipkart & ICICI offerings for this segment due to its limits & tricky T&C.

Axis ACE not only serves beginners but also premium and super premium credit card users who needs more rewards as cashback, which is a need of the hour during this pandemic.

If you’re looking for a credit card with “low fee” and better non-travel rewards, your search ends here.

What’s your thoughts on the newly launched Axis Bank ACE credit Card? Feel free to share your thoughts in the comments below.

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